TurboTax Wants to Keep Your Taxes Complex

What's Hot


5 Reasons to Shop for a Home in DecemberFamily

Shoppers Boycott Businesses Selling Trump-Branded ProductsBusiness

15 Things You Should Always Buy at a Dollar StoreMore

Giving Thanks: Why Foreigners Find America AmazingAround The House

New Email Phishing Scam Targets Amazon ShoppersMore

50 Best Gifts Under $25 for Everyone on Your ListFamily

Why Washing Your Turkey Can Make You IllFamily

Pay $2 and Get Unlimited Wendy’s Frosty Treats in 2017Family

The 7 Worst Things to Buy at a Dollar StoreMore

What the Richest 1 Percent Earns in Every StateFamily

10 Ways to Retire Earlier Than Friends on the Same SalaryGrow

The 10 Best Ways to Blow Your MoneyCredit & Debt

The 50 Hottest Toys of the Past 50 YearsFamily

30 Awesome Things to Do in RetirementCollege

In some countries, taxes are virtually automatic: No need to hire anybody or spend hours with forms and receipts. But not here, and the company behind TurboTax is spending millions to keep it that way.

The Oneida Daily Dispatch reports on the opposition to return-free filing – an idea that allow millions of Americans to file taxes simply by verifying pre-filled personal information and math on an online, then clicking “OK.” Presidents Reagan (yes, the idea is that old) and Obama both endorsed the concept, but alas…

Why hasn’t it become a reality? Well, for one thing, it doesn’t help that it’s been opposed for years by the company behind the most popular consumer tax software — Intuit, maker of TurboTax. Conservative tax activist Grover Norquist and an influential computer industry group also have fought return-free filing.

Intuit has spent $11.5 million in the past five years lobbying against legislation that would make easier taxes happen. But the change could save taxpayers as much as $2 billion and 225 million hours, according to estimates.

Intuit argues it might cost some taxpayers more money, and that such changes would hurt its business. It’s a member of group that argues easy taxes would be a “massive expansion of the U.S. government through a big government program.”

Of course, what they don’t mention is the easy form is optional. Don’t trust the IRS’ calculation? Nobody would stop you from doing things the way they are done now. It just might cut into Intuit’s $4.2 billion annual revenues a bit.

By the way, many people can already get their taxes done free – but the IRS doesn’t have the same marketing budget as TurboTax and H&R Block, so many taxpayers don’t know about it.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: Missed HBO’s ‘Westworld’? Here’s How to Watch it, Along With Everything on HBO, Free

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,695 more deals!